Ra is a 51-year-old mother of six, with two children in school. She resides in the Sampov Meas district of Pursat province. Her family has struggled to survive through the dry season of paddy rice growing. The 30 years’ experience in this business has helped her to earn up to 26,000 KHR per day. Ra has been with VisionFund for three cycle loans including this cycle. She has successfully paid back the loans, which have relieved her family burden and helped to keep up good progress of her business.
Now she is in need of working capital and is requesting a new loan with VisionFund. For this new loan cycle, she is going to use some portion to support her rice farm, including the purchase of 8 sacks of fertilizer and insecticide. In addition, she will use a portion of it to buy pigs to raise as extra income. She hopes to increase income from both of her businesses so as she can keep her children in school and expand her business.
About VisionFund Cambodia
VisionFund Cambodia is a Christian organization and microfinance institution that provides small loans and other financial services to improve the lives of children, empower poor women and their families, and grow successful businesses. The organization works primarily in rural parts of Cambodia and has distinguished itself by targeting the very poor who require smaller loan sizes, regardless of religious beliefs, gender or ethnic background.
Kiva lenders’ funds will help the organization to expand into the northeastern provinces of the country, which have historically been underserved and difficult to reach with financial services.